Peoples Bancorp (PEBK) — Cheap, Profitable, and Underrated; Take a Long Staggered Trade
Peoples Bancorp of North Carolina (PEBK) is trading at roughly 1.3x book and a mid-teens ROE after a steady run of dividends and positive free cash flow. The stock offers a reasonable entry for a patient, defined-risk long trade over the next 180 trading days, with upside from multiple expansion and modest earnings growth while downside is capped b…